The Isle of Man has made it into a top ten in India, for the amount of cash invested here by the country's citizens.

The Island came eighth in a list of destinations for investment cash from India, beaten by the likes of Russia, the Netherlands and Singapore.

The figures were released by Finance Minister Pranab Mukherjee at the end of last week.

Over the last financial year, Indians invested $335 million in the Isle of Man, a massive rise on the year before, when the figure was $125 million.

And it's a stark contrast to the USA and British Virgin Islands, which saw the amount of Indian investment fall significantly.

Of late, the Isle of Man has become one of the favourite jurisdictions for Indian companies which want to list on the Alterative Investments Market.